09/01/2026
Passaic County neighbors 👋
Curious about the local market? Let's explore together:
📍 Passaic County Single-Family Homes
🏡 Average Sale Price: ~$664,000
📅 Time on Market: ~35 days
💰 Selling ~4% over asking price
📊 274 homes have found new owners. They're selling above asking, but with a bit more ease lately.
📍 Passaic County Multi-Family Homes
🏡 Average Sale Price: ~$720,000 (impressive growth over single-families!)
📅 Time on Market: ~49 days
💰 Closing ~5% above asking price
📊 54 properties sold, led by Paterson with 33 sales. Clifton’s homes are averaging nearly $860,000 and selling in under a month.
If you own a multi-family, you're in a golden spot. These are outpacing singles in value thanks to the lure of rental income, despite taking slightly longer to sell.
Here's the scoop:
• Multi-families are fetching top dollar because buyers value rental potential.
• Paterson's bustling with activity, while Clifton boasts the highest prices.
• Homes are still selling above asking. Timing and presentation remain key.
What it means for you:
Sellers: Sitting on a multi-family? Now's a great time to list, buyers are keen on rental income opportunities. Single-family sellers, there's plenty of potential out there, just for a more selective audience.
Buyers: You've got a bit more time with multi-families, but don't delay too much, the best deals are quick to go!
Wondering about your home’s current value?
👉 Shoot me a DM, and I’ll send you a personalized CMA within 24 hours.